A mutual fund that has an income objective as its primary focus aims to earn regular income in dividends or interest from the investments in its portfolio.

Question

Quizplus · Accepted Answer

A mutual fund with an income objective primarily aims to generate regular income in the form of dividends or interest from the investments it holds in its portfolio. This type of fund is generally favored by retired individuals or those seeking a steady stream of income.

A Mutual Fund That Has an Income Objective as Its